Hertz Rent2Buy Adds Another Lender to Program
PARK RIDGE, N.J. -
Thanks to a new partnership announced Wednesday, Hertz Rent2Buy customers now have the option of financing their vehicle purchases through Bank of America.
“We are pleased to include Bank of America as one of our select lenders in the Rent2Buy program,” said Mark Frissora, chairman and chief executive officer of Hertz.
“Giving customers the ability to have flexibility in financing their vehicle purchase through Rent2Buy used cars for sale is an additional benefit,” he added. “Not only do customers have the selection of a well-maintained fleet of vehicles being sold at a low price, they also have a variety of financing options, including Bank of America, that makes the car-buying process simple.”
As some may know, Hertz Rent2Buy works like this. A shopper can reserve a vehicle online, pick it up at a nearby Hertz location and test-drive it for three days.
After the three-day period, consumers can choose to either buy the vehicle at the listed price or return the vehicle. If they choose the latter option, it’s simply considered a standard rental transaction.
Customers wishing to buy have the option of choosing financing from various lenders, including Bank of America.
“Bank of America is committed to offering innovative products and services that meet the needs of consumers,” stated Ellie Clarke, president of Bank of America Dealer Financial Services.
“We are pleased to partner with Hertz Rent2Buy, a unique program that makes shopping for a used car simple and convenient for consumers,” Clarke added.